§ 184-a. Additional metropolitan transportation business tax surcharge\non transportation and transmission corporations and associations\nservices.\n 1. The term "corporation" as used in this section shall include an\nassociation, within the meaning of paragraph three of subsection (a) of\nsection seventy-seven hundred one of the internal revenue code\n(including a limited liability company), and a publicly traded\npartnership treated as a corporation for purposes of the internal\nrevenue code pursuant to section seventy-seven hundred four thereof.\nEvery corporation, joint-stock company or association formed for or\nprincipally engaged in the conduct of canal, steamboat, ferry (except a\nferry company operating between any of the boroughs of the city of New\nYork under a lease granted by the city), express, navigation, pipe line,\ntransfer, baggage express, omnibus, taxicab, telegraph or local\ntelephone business, or formed for or principally engaged in the conduct\nof two or more such businesses, and every corporation, joint-stock\ncompany or association formed for or principally engaged in the conduct\nof a surface railroad, whether or not operated by steam, subway\nrailroad, elevated railroad, palace car, sleeping car or trucking\nbusiness or principally engaged in the conduct of two or more such\nbusinesses and which has made an election pursuant to subdivision ten of\nsection one hundred eighty-three of this article, and every other\ncorporation, joint-stock company or association formed for or\nprincipally engaged in the conduct of a transportation or transmission\nbusiness (other than a telephone business) except a corporation,\njoint-stock company or association formed for or principally engaged in\nthe conduct of a surface railroad, whether or not operated by steam,\nsubway railroad, elevated railroad, palace car, sleeping car or trucking\nbusiness or principally engaged in the conduct of two or more such\nbusinesses and which has not made the election provided for in\nsubdivision ten of section one hundred eighty-three of this article, and\nexcept a corporation, joint-stock company or association principally\nengaged in the conduct of aviation (including air freight forwarders\nacting as principal and like indirect air carriers) and except a\ncorporation principally engaged in providing telecommunication services\nbetween aircraft and dispatcher, aircraft and air traffic control or\nground station and ground station (or any combination of the foregoing),\nat least ninety percent of the voting stock of which corporation is\nowned, directly or indirectly, by air carriers and which corporation's\nprincipal function is to fulfill the requirements of (i) the federal\naviation administration (or the successor thereto) or (ii) the\ninternational civil aviation organization (or the successor thereto),\nrelating to the existence of a communication system between aircraft and\ndispatcher, aircraft and air traffic control or ground station and\nground station (or any combination of the foregoing) for the purposes of\nair safety and navigation, shall pay for the privilege of exercising its\ncorporate franchise, or of doing business, or of employing capital, or\nof owning or leasing property in the metropolitan commuter\ntransportation district in such corporate or organized capacity, or of\nmaintaining an office in such district, a tax surcharge, which tax\nsurcharge, in addition to the tax imposed by section one hundred\neighty-four of this article, shall be computed at the rate of seventeen\npercent of the tax imposed under such section for such taxable years or\nany part of such taxable years after the deduction of any credits\notherwise allowable under this article; provided, however, that such\nrates of tax surcharge shall be applied only to that portion of the tax\nimposed under section one hundred eighty-four of this article after the\ndeduction of any credits otherwise allowable under this article which is\nattributabl
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.